IMF programme won’t hurt Ghanaians – Mahama

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Jantua 9 years ago

Just keep quiet. You have no idea of what you are saying. You think IMF is coming to resuscitate Ghana's economy from HIPC to normality in three years without any pain? How can you imagine things like that? There will be unem ...
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Just keep quiet. You have no idea of what you are saying. You think IMF is coming to resuscitate Ghana's economy from HIPC to normality in three years without any pain? How can you imagine things like that? There will be unemployment, fiscal control on infrastructure, you become a beggar because funds can only be used on social protection issues and not capital projects, you cannot borrow the money you are used to and there will be minimal public and civil sector spending. I really find it difficult to understand you. You are too naïve with everything
Sethoo 9 years ago

Ineffective talkative President with propaganda functionaries,no wonder the nation is retrogressing.

Ineffective talkative President with propaganda functionaries,no wonder the nation is retrogressing.
Komla Agbeshie ( Ho ) 9 years ago

I don't think this man call Mahama is normal. Something may be wrong with his brains, Totally mad and need to retire.

I don't think this man call Mahama is normal. Something may be wrong with his brains, Totally mad and need to retire.
Ghfuo: hang nyantakyi! 9 years ago

"Bad Aid" by Dambisa Moyo
Corruption, Mismanagement and public sector inertia, redtape is the cause for all this mess.and imf fuckers! We have no.one to blame but us and no one will.ditch us out. Until we can find a solution ...
read full comment

"Bad Aid" by Dambisa Moyo
Corruption, Mismanagement and public sector inertia, redtape is the cause for all this mess.and imf fuckers! We have no.one to blame but us and no one will.ditch us out. Until we can find a solution to those issues listed. These corrupt politicians who steal don't even reinvest their stolen monies back in ghana. That's why ghana is suffering! Who are you waiting for to bring money into ghana? Remittances from burgers or imf dollars? Like my Oldman always use to say "you have a llooonnngggg way to.go"!
KB,LONDON. 9 years ago

WHO IS ASKING MAHAMA TO SHOW THIS LEVEL OF IGNORANCE? THIS MAN KNOWS NO SHAME. ONLY GOD KNOWS WHAT HE WILL SAY AFTER THIS.

WHO IS ASKING MAHAMA TO SHOW THIS LEVEL OF IGNORANCE? THIS MAN KNOWS NO SHAME. ONLY GOD KNOWS WHAT HE WILL SAY AFTER THIS.
Gye Nyame 9 years ago

Is that all Mahama can think about now? IMF must be Mahama's god he worships now. It really does not make sense for Mahama to think the status quo will continue if the IMF gives us a loan. Even on the personal basis, no finan ...
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Is that all Mahama can think about now? IMF must be Mahama's god he worships now. It really does not make sense for Mahama to think the status quo will continue if the IMF gives us a loan. Even on the personal basis, no financial institution would consolidate or work with you,if your credit is bad, without first asking you for some other conditions -- usually to reduce your debt to income ratio, to ensure that the loan is re-paid. How does he fix "the short term bottlenecks" without hurting Ghanaians?
insight to the bone 9 years ago

Corruption today is due the mahama , nepotism and the general climate that anyone with good links can get away with these crimes without fear of punishment. This is the fruit of hegemony , northern tribalism and the anti Akan ...
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Corruption today is due the mahama , nepotism and the general climate that anyone with good links can get away with these crimes without fear of punishment. This is the fruit of hegemony , northern tribalism and the anti Akan agenda of the wicked ideologists in the NDC
DAN 9 years ago

look at greece bailout..why where their unions upset????

look at greece bailout..why where their unions upset????
Mahmoud 9 years ago

The so-called professor needs to go back to school again. These types of socialists' arguments could deceive Ghanaians in the 50s and 60s but they cannot do so now. Nkrumah was the first leader to introduced debt into this na ...
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The so-called professor needs to go back to school again. These types of socialists' arguments could deceive Ghanaians in the 50s and 60s but they cannot do so now. Nkrumah was the first leader to introduced debt into this nation by borrowing massively and unnecessary to finance his whims and caprices. It was a misfortune that we had such a person as president immediately after the independence. He didn't lay a good sustainable economic foundation for this country at all considering the amount of money that was at his disposal.

Ghana had about 1bln dollars in its reserve when Nkrumah took over the reins of government in this country. Can you imagine the value of one billion dollars in the early fifties? Again, after 2years of Nkrumah's rule, cocoa prices at the world market rocketed and increased fourfold. But contrary to any sound economic planning, he did not reserve even a fraction of the windfall for a rainy day, as the Whitman had done when they had only one fourth of what Nkrumah got from cocoa every year. So, what did he do with all that money from the high cocoa prices and the reserve he inherited that took years to build for our future economic stability?

He went on a spending spree both in Ghana and abroad, throwing his weight about and talking big. So when the cocoa prices fell close to the end of his rule, he was quick to point accusing fingers at the West, blaming them for manipulating cocoa prices to sabotage the economy of Ghana and overthrow his government. Finally, after squandering all the money mainly on useless prestigious projects, his mad rush for industrialization projects, which did not have firm foundation in the country to sustain them, he also burdened the young nation with another billion dollars debt before he was forced out of the country.

The truth is that, Kwame Nkrumah met a rich country with stable economy, and left it nearly bankrupt as a result of gross mismanagement and NDC is following suit.
NON ALIGNED 9 years ago

Nkrumah's Ghana, has now been turned into a BEGGING NATION..........even though we are literally sitting on riches!!!!!!!

In the abundance of water the FOOL is thirsty! Both NDC and NPP compete to know who begs best for ou ...
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Nkrumah's Ghana, has now been turned into a BEGGING NATION..........even though we are literally sitting on riches!!!!!!!

In the abundance of water the FOOL is thirsty! Both NDC and NPP compete to know who begs best for our nation. What a shame!!!!

NKRUMAH NEVER DIES!!!
GOD BLESS GHANA!
AFRICAN FOREVER!
Commonsense 9 years ago

The face of corrupt Tani Mahama.

The face of corrupt Tani Mahama.
ADANKO 9 years ago

DO NOT BE DECEIVED, MAHAMA. NANA/ BAWUMIA WILL COME TO RE-NEGOTITE A BETTER DEAL FOR GHANA, AS YOU ARE IN A POOR POSITION TO NEGOTIATE NOW

DO NOT BE DECEIVED, MAHAMA. NANA/ BAWUMIA WILL COME TO RE-NEGOTITE A BETTER DEAL FOR GHANA, AS YOU ARE IN A POOR POSITION TO NEGOTIATE NOW
mensa 9 years ago

IMF PROGRAMS WILL INFLICT MORE TAXES AND FESS AND PAIN THAT WE DONT WANT AND /OR NEED PLEASE MR MAHAMA DONT TAKE US GHANA FALKS FOR FOOLS WE KNOW BETTER THEN THAT

IMF PROGRAMS WILL INFLICT MORE TAXES AND FESS AND PAIN THAT WE DONT WANT AND /OR NEED PLEASE MR MAHAMA DONT TAKE US GHANA FALKS FOR FOOLS WE KNOW BETTER THEN THAT
Dilly Circus 9 years ago

If you have stopped the high corruption which has embrioled your govt from top to bottom in the first place, you would not have beaten this foot path to the IMF. SO stop your promises upon promises because non of them comes i ...
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If you have stopped the high corruption which has embrioled your govt from top to bottom in the first place, you would not have beaten this foot path to the IMF. SO stop your promises upon promises because non of them comes into fruition. YOu ask yourself, You and your NDC have ruled Ghana for 30yrs, and in those 35yrs, you cannot supply basic things like water and eletricity. So stop promising because we don't believe you and your NDC bandits who have made an art form your schematic "create, loot and share your agenda. The nation and the people is not one of your concern. BAndits.
kofi 9 years ago

This guy is even immature,the people are already hurting and he says IMF Bullshit wouldn't hurt,what a green untested brain.

This guy is even immature,the people are already hurting and he says IMF Bullshit wouldn't hurt,what a green untested brain.
mickey 9 years ago

Finally he gets a brain from which he could project that IMF program won't hurt Ghanaians. He is sure "somebody" believes this nonsense! Tweaaaaaa president!

Finally he gets a brain from which he could project that IMF program won't hurt Ghanaians. He is sure "somebody" believes this nonsense! Tweaaaaaa president!
Kwame 9 years ago

Sweet-talking Prez with little brains.We keep hearing from this man but nothing good is happening. We are already feeling the hardships and you are talking like this? What a waooooooo Prez.

Sweet-talking Prez with little brains.We keep hearing from this man but nothing good is happening. We are already feeling the hardships and you are talking like this? What a waooooooo Prez.
SARPONG 9 years ago

President Mahama, if IMF program is so good and will not hurt Ghanaians, why then did you say that you hope this will be the last time Ghana goes to IMF?

IMF help comes with conditionalities that is not helpful to any econ ...
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President Mahama, if IMF program is so good and will not hurt Ghanaians, why then did you say that you hope this will be the last time Ghana goes to IMF?

IMF help comes with conditionalities that is not helpful to any economy, at least in the short term so it is not true that Ghanaians will not suffer.
Brobbsnet-USA 9 years ago

Voters in Ghana needs a RECALL Election Clause in the Constitution to VOTE-OUT a Corrupt TERRORIST THIEF as President.! The 9/11 of Ghana is the Elections-Thief Mahama and the NDC Gang of stone Age minds.
The devastating eco ...
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Voters in Ghana needs a RECALL Election Clause in the Constitution to VOTE-OUT a Corrupt TERRORIST THIEF as President.! The 9/11 of Ghana is the Elections-Thief Mahama and the NDC Gang of stone Age minds.
The devastating economic havoc caused by this CHIN_CHIN-GA Seller President ,hopelessness,hunger and now ebola fears is beyond words.
DAN 9 years ago

if the republicans can try to impeach Obama or wars or Bill clinton for monica's affair...then Ghana should be able to sack a bad president!

if the republicans can try to impeach Obama or wars or Bill clinton for monica's affair...then Ghana should be able to sack a bad president!
Asempa 9 years ago

Get lost with your stuidity. You SOB

Get lost with your stuidity. You SOB
puzzie patrol 9 years ago

What is your concern anyway? Just call your boys to order.

What is your concern anyway? Just call your boys to order.
Sarpong 9 years ago

LIAR!!!!!!!

LIAR!!!!!!!
BOY KOFI 9 years ago

Alan and Nana Addo are not ready to govern this beautiful country called Ghana.This IMF reform is a major policy shift in governance which opposition leaders should hold Mahama for further scrutiny.If Alan and Nana Addo have ...
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Alan and Nana Addo are not ready to govern this beautiful country called Ghana.This IMF reform is a major policy shift in governance which opposition leaders should hold Mahama for further scrutiny.If Alan and Nana Addo have nothing to say about this then I'm afraid they are policy bankcrupt,they have absolutely nothing to offer Ama Ghana.Thank you.
Ugly Akufo Addo 9 years ago

We never doubted ur capabilities

We never doubted ur capabilities
DAN 9 years ago

everybody don't work at La and Bojo beach sucking the tourist penis as a career like you....

everybody don't work at La and Bojo beach sucking the tourist penis as a career like you....
GIVE ME MY BALLOT PAPER 9 years ago

With a debt-to-GDP ratio that has gone way past the threshold for debt service sustainability ie 60%, with a plethora of experts, saying it comes with significant hardships, it comes across as the Mahama NDC gov't doesn't app ...
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With a debt-to-GDP ratio that has gone way past the threshold for debt service sustainability ie 60%, with a plethora of experts, saying it comes with significant hardships, it comes across as the Mahama NDC gov't doesn't appreciate, the nature of the problem Ghana finds itself, a self-inflicted catastrophic economic collapse or meltdown, attributive solely, to massive looting and thievery of his own gov't in a policy of create, loot and share.
The fate of the whole gamut of pupil teachers who have been made to kiss the canvas, is an example of some of the measures that are coming from the IMF program, that has become necessary as a result of plain thievery and looting by the Mahama NDC gov't.
The recent increases in utility tariffs topping about 7-8% for electricity alone, even when the service is not available, with it's concomitant additional hardships on the citizenry, arising as a result of an across board increment in prices of goods and services, is another example of the Mahama/Amissah Arthur NDC gov't's pilfering and pillaging of the national purse with impunity and reckless abandon.
Those are just but two examples which are biting hard from the wanton thievery and looting of the national kitty, and for John Mahama to suggest that, the bailout program would not hurt, smacks of gross insensitivity and a huge lack of the appreciation of the very issues, which has led to this very debacle.
It is a mockery of governance, and the mandate of the citizenry, and these need to be spoken to, at the ballot box in 2016, to sound a loud and resounding note to those whom we have entrusted the reigns of governance that, looting and thievery, incompetence and avarice, would have profound far-reaching consequences.
Edjah Mensah 9 years ago

this men called Dr.Kwesi Botchwey,PV Obeng and Rawlings esp.Kwesi Botchwey were used by the neo-colonialist to reverse Dr.Nkrumah's achievements.

this men called Dr.Kwesi Botchwey,PV Obeng and Rawlings esp.Kwesi Botchwey were used by the neo-colonialist to reverse Dr.Nkrumah's achievements.
Akans Prophecies 9 years ago

My goodness !Mahama must stop his nonsense. Does he knows the negative impact this unecessary bail-out have on this country? How many investors are going to break off, as a result of this venture. A country which is broke c ...
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My goodness !Mahama must stop his nonsense. Does he knows the negative impact this unecessary bail-out have on this country? How many investors are going to break off, as a result of this venture. A country which is broke can never do bussiness in confidence with foreing investors, so save your breath, Mr. Much i do about nothing! Ghanaians are hurt, of course since your shameless stolen verdict! They knew from the onset, these hardships, that lies head with your fucking gouvernment. Nothing have ever turn out good with Mahama! Promises, trans-eloquencis with nothing good coming out! until our finalcount down to the IMF. A shameful suicide of our economy. Hoping we are not sold to the arab merchant banks as his next strategy! IDIOT !
BRO DAN -TRC 9 years ago

BLESSED PEOPLE OF THE NATIONS OF THE WORLD, NOBLE ONES OF AFRICA, INNOCENT PEOPLE OF GHANA; THANK GOD THAT -'JOSHUA'- THE PRESIDENT OF GHANA HAS CHOSEN TO "STAND UP" AS A SOLDIER OF THE CROSS. BLESSED ONES, -'FEAR HAS TORMENT ...
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BLESSED PEOPLE OF THE NATIONS OF THE WORLD, NOBLE ONES OF AFRICA, INNOCENT PEOPLE OF GHANA; THANK GOD THAT -'JOSHUA'- THE PRESIDENT OF GHANA HAS CHOSEN TO "STAND UP" AS A SOLDIER OF THE CROSS. BLESSED ONES, -'FEAR HAS TORMENT' WITHOUT -COURAGE- YOU ARE TWICE DEFEATED BEFORE YOU HAND STARTED. PULSE. A TIME TO THINK. "IT IS FINISHED" THEREFORE, -"OCCUPY TILL I COME". SELAH.
TOGETHER WE CAN! WITH GOD, WE CAN!! GOD BLESS AFRICA, YOUR NATION AND THE PRECIOUS PEOPLE TO "STAND UP" AS SOLDIERS IN SPITE OF THE GLOBAL MAN-MADE "JACOB'S TROUBLE" KNOWING IT IS WRITTEN; FOR -"SUCH A TIME AS THIS" THAT -"OCCUPY TILL I COME". PULSE. LET MY PEOPLE THINK.AND, GOD BLESS OUR HOMELAND GHANA.
NOTE
MUCH THANKS TO -GHANAWEB- FOR THE SPACE. AND TO -MIGHTY GOD RADIO- FOR THE LORD'S SONGS.
HUMANITY IS INVITED TO -"BAMPUP CHRONICLE" ON FACEBOOK THAT WE TOGETHER "STAND UP" FOR - "TRUTH AND ACCOUNTABILITY" FOR THE SAKE OF HUMANITY AND OUR DEAR WORLD.
Kpakpo 9 years ago

You are a very lost African man,with no vision.
Your legacy is being written.

You are a very lost African man,with no vision.
Your legacy is being written.
Ghfuo: hang nyantakyi! 9 years ago

u are a fucking liar and a thief and you dont care about the welfare of your people.

"Bad Aid" by Dambisa Moyo
thats the only reason behind these loans from imf. they artficially create the monetary and economic condition ...
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u are a fucking liar and a thief and you dont care about the welfare of your people.

"Bad Aid" by Dambisa Moyo
thats the only reason behind these loans from imf. they artficially create the monetary and economic conditions in Ghana that we need the loans. they dont care about the future repercussions or interest. once the multinational loans are issued, they jump.for joy! some.sod cuts to show and presumed contracts are signed but the jobs will never see the light of day!
Corruption, Mismanagement and public sector inertia, redtape is the cause for all this mess.and imf fuckers! We have no.one to blame but us and no one will.ditch us out. Until we can find a solution to those issues listed. These corrupt politicians who steal don't even reinvest their stolen monies back in ghana. That's why ghana is suffering! Who are you waiting for to bring money into ghana? Remittances from burgers or imf dollars? Like my Oldman always use to say "you have a llooonnngggg way to.go"! Believe nothing you hear and 1/2 of what you see!!!

IMF programme won’t hurt Ghanaians – Mahama

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